How Much Stamp Duty Will You Pay
Following changes introduced on 1st April 2025, Stamp Duty Land Tax (SDLT) is now payable on the portion of a residential property purchase price above £125,000.
Standard SDLT Rates (for primary residences):
Property Value - SDLT Rate
Up to £125,000 - 0%
£125,001 to £250,000 - 2%
£250,001 to £925,000 - 5%
£925,001 to £1.5 million - 10%
Over £1.5 million - 12%
Higher Rates for Additional Properties
A 5% surcharge applies to purchases of additional residential properties, such as second homes or buy-to-let investments. This is charged on top of the standard SDLT rates listed above.
Stamp Duty Relief for First-Time Buyers
As of 1st April 2025:
0% SDLT on the first £300,000 of the purchase price
5% SDLT on the portion between £300,001 and £500,000
If the purchase price exceeds £500,000, no first-time buyer relief is available, and standard rates will apply to the entire amount.
Your solicitor will arrange for the Stamp Duty Land Tax to be paid to
HM Treasury on completion of your purchase.